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DeliciousNokia shares have dropped to the lowest level in 16 years after Scoiete Generale analyst Andy Perkins cut his rating on the stock to Sell from Hold. He writes in a research note that the company’s handset business could be on a similar trajectory to that of Motorola Mobility, and that operating losses and restructuring costs threaten to wipe out most of the company’s cash, and could “bring into question Nokia’s very survival.”
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TruePosition Tackles Indoor Locating
TruePosition released testing results of its indoor location technology in April. These tests put the company squarely into the Federal Communication Commission explorations of indoor locating for emergency response. Directions Magazine interviewed Rob Andersen, chief technology officer of TruePosition, about the company’s technology and plans for the future.
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